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RSI2 Pullbacks for August 16
http://www.tigersharktrading.com/articles/42710/1/RSI2-Pullbacks-for-August-16/Page1.html
By Mean Reversion Trader
Published on 08/13/2021
 

Find out which overbought and oversold stocks are poised for pullbacks to their mean.


RSI2 Pullbacks for August 16

Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.

Long-side setups

CIEN Ciena Corp
ICE Intercontinental Exchange Grp
IRDM Iridium Communications Inc
LRCX Lam Research
MIDD Middleby Corp
NWS News Corp Cl B
NWSA News Corp Cl A
TWTR Twitter Inc
WB Weibo Corp

Short-side setups

ALT Altimmune Inc
AMWD Amer Woodmark
ARRY Array Tech Inc
BSAC Banco Santander-Chile ADS
CHRS Coherus BioSciences Inc
EQC Equity Commonwealth
MKC Mccormick & Co
RNR RenaissanceRe Hldg

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.